Current Affairs Today

We are here for you to provide the important Recent and Latest Current Affairs July 5 & 6 2026, which have unique updates of Latest Current Affairs 2026 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

Our Current Affairs July 2026 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Latest Current Affairs Quiz and Monthly Current Affairs 2026 PDF which will be a pedestrian to crack your exams.

Dear Aspirants,
With effect from 26 January 2026, the Exam Hint and In-Depth Content of articles (news) will be available exclusively in our Daily PDF (DailyScoop PDF).
To access the DailyScoop PDF, please subscribe to the Crack Current Course on the CareersCloud app or website.

Read Current Affairs in CareersCloud APP, Course Name – Learn Current Affairs – Free Course –Click Here to Download the APP

We are Hiring – Subject Matter Expert – English | CA Video Creator | Content Developers(Pondicherry)

Click here for Current Affairs July 4 2026

Click here for Affairscloud Hindu Free Vocabs telegram channel

NATIONAL AFFAIRS

NITI Aayog Released ‘Strategic Roadmap for Making Ayurveda Global’ Report for Viksit Bharat@2047 Vision 
In July 2026, National Institution for Transforming India (NITI) Aayog released “Strategic Roadmap for Making Ayurveda Global” in New Delhi, Delhi, prepared in collaboration with PricewaterhouseCoopers (PwC), outlines a phased plan to develop Ayurveda into a globally recognised, evidence-based healthcare system by 2047, aligned with the Viksit Bharat@2047 vision.

• The report was launched by Dr. Ashok Kumar Lahiri, Vice Chairman of NITI Aayog, in the presence of Prof. (Dr.) M. Srinivas, Member, NITI Aayog, and Vaidya Rajesh Kotecha, Secretary, Ministry of AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy).

About Ayurveda Global Roadmap:
Objective: The report aims to transform Ayurveda into a globally recognised, evidence-based healthcare system by strengthening research, regulatory alignment, education, exports, and international collaborations.
Framework: The roadmap is structured on three pillars: Availability (global workforce, exports, R&D, education), Acceptability (regulation, insurance coverage, collaborations, adaptability), and Propagation (branding, global visibility, medical value travel, international engagement).

COAS General Dhiraj Seth Unveils ‘VIJAY’ Transformation Roadmap for a Future-Ready Force
In July 2026, General Dhiraj Seth assumed charge as the 31st Chief of the Army Staff (COAS) of the Indian Army (IA) and unveiled the ‘VIJAY (Vigilance, Innovation, Jointness and Integration, Aatmanirbharta and Yodha first)’ roadmap,  aimed at building a technology-driven, future-ready force.
About VIJAY Framework:
Roadmap: Aligned with the Ministry of Defence’s (MoD) ‘Decade of Transformation (2023–2032)’, it aims to build a digitized, technology-enabled, self-reliant (Aatmanirbhar), and multi-domain-capable force.
Formulation: Developed under the direction of the Chief of the Army Staff (COAS) and implemented across all operational commands.
Framework:

• Vigilance (border security and emerging threats),
• Innovation and Transformation (modern doctrine and technology-driven warfare),
• Jointness and Integration (tri-services synergy and whole-of-nation approach for Viksit Bharat 2047),
• Aatmanirbharta (self-reliant defence capabilities), and
• Yodha (human capital development through training, skilling, and welfare of Agniveers, veterans, and Veer Naris).

Air India Signs MoU with SIA Engineering Company to Develop MRO Ecosystem in India 
In July 2026, Air India signed a Memorandum of Understanding (MoU) with SIA Engineering Company (SIAEC) in Mumbai, Maharashtra, to explore collaboration in the Maintenance, Repair, and Overhaul (MRO) sector, aiming to strengthen India’s position as a global aviation MRO hub.

• The MoU was signed by Air India Chief Executive Officer(CEO) and Managing Director Campbell Wilson and SIAEC CEO Chin Yau Seng.

Air India–SIAEC MRO Partnership:
Objective: The MoU aims to deepen collaboration by leveraging SIAEC’s MRO and technical expertise to strengthen Air India’s operations and develop a world-class MRO ecosystem in India, including a potential joint venture(JV) for growing aviation market needs.
Past Collaborations: The partnership builds on earlier agreements, including a 12-year Inventory Technical Management(ITM) contract for Airbus A320 fleet support, on 21 February 2024, and SIAEC’s role as a base maintenance partner for Air India’s Bengaluru facility development on 11 May 2024.
Ownership Link: SIAEC is part of the Singapore Airlines Group, which holds a 25.1% stake in Air India.
About Air India: Air India was founded in 1932 by J.R.D. Tata, as Tata Airlines, was nationalized in 1953 and officially reacquired by the Tata Group in January 2022.

• • It is India’s flag carrier, headquartered in Gurugram(Haryana), and currently co-owned by Tata Sons (74.9%) and Singapore Airlines (25.1%) following its merger with Vistara.

INTERNATIONAL AFFAIRS

Overview of Japan PM Sanae Takaichi’s Visit to India from July 1 to 3, 2026
Sanae Takaichi, Prime Minister (PM) of Japan was on a 3-day official visit to India from July 1 to 3, 2026 for 16th India-Japan Annual Summit  at the invitation of PM Narendra Modi.
Highlights of the Visit:
Bilateral Meeting:  PM Modi held a bilateral meeting with Japanese PM Takaichi at Hyderabad House, in New Delhi, Delhi, focusing on stronger economic ties, resilient semiconductor supply chains and cooperation in critical technologies.
16th India-Japan Annual Summit: During the visit, Japanese PM Takaichi participated at the 16th India-Japan Annual Summit in New Delhi.

• During the summit, both countries  announced 16 key outcomes expanding bilateral cooperation in Artificial Intelligence (AI), economic security, clean energy, critical minerals, mobility, biotechnology, pharmaceuticals and financial services.

Joint Japan-India Economic Forum: During her visit to India, Japanese PM Takaichi along with PM Modi, attended the “Japan-India Joint Economic Forum”, hosted by the Japan External Trade Organisation (JETRO) in New Delhi, Delhi.

• The forum witnessed the inauguration of Maruti Suzuki’s 4th vehicle manufacturing facility at Kharkhoda (in Haryana).
• Indian and Japanese companies signed at least 129 Memorandums of Understanding (MoUs) worth Rs 1 lakh crore.

Other Key Announcements: 4th India-Japan 2+2 Ministerial meeting in Tokyo (by the end of 2026), India, Japan first ever defence co development project, involving  Unified Complex Radio Antenna (UNICORN) system for IN, among others.

Sustainable Development Report 2026: Topped by Finland and India Ranks 94th
In July 2026, The United Nations Sustainable Development Solutions Network (UNSDSN) released the 11th Edition of the Sustainable Development Report (SDR) 2026, India secured its highest-ever rank of 94th among 167 countries with a score of 68.3 out of 100, improving from 99th position in 2025.

• Finland has secured the first place with a score of 87.4, followed by Sweden with 86.3 and Denmark with 85.7.

India’s SDG Performance:
Performance:  India improved by 18 ranks since 2015, moving from 112th to 94th position, making it one of the fastest-improving economies. However, it still lags behind Bhutan, Maldives, Nepal, and Sri Lanka. Only 33.3% of SDG targets are expected to be achieved by 2030, showing uneven progress. 
Challenges:  India faces challenges in 13 of 17 SDGs, especially Zero Hunger, Health, Gender Equality, Sustainable Cities, Climate Action, and Governance. These issues reflect persistent gaps in nutrition, environment, urban growth, and institutional quality.

• Zero Hunger remains the biggest concern, with issues like child stunting, wasting, undernourishment, and rising obesity, despite improvement in cereal yield.

Positive Developments:   India has shown progress in SDG 7 (electricity access) and SDG 9 (digital connectivity). Expansion in internet use and broadband access reflects improved infrastructure and digital inclusion.

India’s Mukesh Ambani, Sunil Mittal, Lakshmi Mittal Among 44 Founding Members of ITU’s AI for Good Global Commission
In July 2026, the International Telecommunication Union (ITU), a United Nations (UN)-backed agency, launched the Artificial Intelligence (AI) for Good Global Commission with 44 founding members, in Geneva, Switzerland, to strengthen global AI governance, inclusion, and innovation frameworks.

• Among the founding members, Mukesh Ambani, Chairman and Managing Director (CMD) of Reliance Industries; Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises Limited; and Lakshmi N. Mittal, Executive Chairman of ArcelorMittal S.A., represent India on the global stage as leading business figures.

About AI for Good Global Commission:
Objective: The commission aims to ensure AI is used as a force for global good by strengthening trust, expanding access, and promoting equitable digital inclusion while addressing global inequalities caused by the digital divide.
Leadership: The Commission is co-chaired by Paul Kagame, President of Rwanda, and Marc Benioff, Chair and Chief Executive Officer( CEO) of Salesforce while ITU Secretary-General Doreen Bogdan-Martin serves as Vice-Chair.
Other Members: Include Jensen Huang, Founder and CEO of NVIDIA; Brad Smith, Vice Chair and President of Microsoft; Andy Jassy, CEO and President of Amazon.com; Julie Sweet, Chair and CEO of Accenture; Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO) and others.

BANKING & FINANCE

ADB Approves USD 230 Million Loan for Chennai Water Supply & Sanitation Modernisation 
The Asian Development Bank (ADB) has approved a USD 230 million (approximately Rs 1,920 crore) loan to modernise and expand the water supply and sanitation infrastructure in Chennai, Tamil Nadu (TN).
About Chennai Urban Water and Sanitation Modernisation Project:
Scheme Alignment: The project is aligned with Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 and the Urban Challenge Fund, supporting India’s urban infrastructure modernisation initiatives.
Infrastructure:  The project includes construction of 170 Kilometer (Km) of pipelines, upgradation of 7 water pumping stations, modernisation of 38 sewer pumping stations, and use of performance-based contracts to improve efficiency and sustainability.
Ring – Main Water System: One of the key features of the project is the introduction of a comprehensive ring-main water distribution system, making Chennai the first Indian city to implement this model across its urban water network.

Paytm Europe Secures Payment Institution Licence from Luxembourg Regulator
In July 2026, Paytm Europe Payments S.A., the European arm of One97 Communications (Paytm), secured a Payment Institution (PI) licence from Luxembourg’s financial regulator Commission de Surveillance du Secteur Financier (CSSF) and registered it on the official list of payment institutions effective from July 2, 2026

• The licence enables Paytm Europe to offer regulated payment services across the European Economic Area (EEA).

Key Details of Approval:
Capital Infusion: The regulatory approval follows Paytm’s May 2026 announcement that Paytm Cloud Technologies Limited (PCTL) would invest an additional EUR 9 million in Paytm Europe Payments S.A. to meet its business funding requirements and increase its paid-up capital.
Services:The approval enables the company to execute payment transactions and credit transfers, including standing orders, through payment accounts and credit lines.

• It also authorises the company to provide payment-acquiring services.

About Paytm: Founded in 2010 and headquartered in Noida, Uttar Pradesh(UP), Paytm is a digital payments and fintech company operated by One97 Communications Limited, founded by Vijay Shekhar Sharma.

RBI Imposes Rs 66.7 Lakh Penalty on BoB & GIC Housing Finance
In July 2026, the Reserve Bank of India (RBI) imposed a combined monetary penalty of Rs 66.7 lakh on Bank of Baroda(BoB) and General Insurance Corporation of India (GIC) Housing Finance for non-compliance with regulatory directions, including Know Your Customer (KYC) norms and lending guidelines.

• The action was taken after RBI observed deficiencies during supervisory inspection, including violations of the Fair Practices Code for Lenders and KYC norms.

RBI Penalty Action
Bank of Baroda: RBI imposed a penalty of Rs 63.6 lakh for charging interest rates higher than the contracted rates, failing to upload KYC records to the Central KYC Records Registry (CKYCR) within the timelines, and non-compliance with the Fair Practices Code for lenders.
GIC Housing Finance: A penalty of Rs 3.1 lakh was imposed for deficiencies in compliance with Know Your Customer (KYC) guidelines.
About CKYCR Framework: The Central KYC Records Registry (CKYCR) is a centralized database managed by Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) on behalf of the Government of India(GoI) to store KYC records and streamline customer verification across financial institutions.

AWARDS & RECOGNITIONS

Nita Ambani Receives ‘AAPI Humanitarian Award’ and ‘Key to City of Tampa’ for Philanthropic Contributions 
In July 2026, Reliance Foundation Founder and Chairperson Nita Ambani was conferred the American Association of Physicians of Indian Origin (AAPI) Humanitarian Award and the Key to the City of Tampa, in recognition of her philanthropic contributions to healthcare, education, sports, culture, and community development.

• The honours were presented during the 44th Annual Convention & Scientific Assembly of the AAPI held in Tampa, Florida, United States (USA).

About the Honour: 
AAPI Humanitarian Award: Conferred by AAPI, it is the organisation’s highest honour recognizing exceptional contributions to public welfare and humanitarian service.
The Key to the City of Tampa: Presented by Tampa Mayor Jane Castor, it is a symbolic civic honour given to individuals who have made an extraordinary impact on humanity and society.
Significance: The recognition highlights the Reliance Foundation’s role in advancing inclusive development across healthcare, education, sports, culture, and community empowerment, while reinforcing global acknowledgement of Indian philanthropic leadership and its humanitarian contributions.

APPOINTMENTS & RESIGNATIONS

Keiko Fujimori Wins Peru Presidential Election 2026 in a Runoff
In June 2026, Keiko Fujimori, leader of the conservative Popular Force party, was declared the winner of Peru’s 2026 presidential election following a closely contested runoff.

• She is scheduled to assume office on 28 July 2026, succeeding interim President José María Balcázar and becoming Peru’s 10th President in a decade.

About Keiko Fujimori: 
Profile:  She is the daughter of former Peruvian President Alberto Fujimori and a leading figure of the Fujimorism political movement.
First Lady of Peru:  She served as the First Lady of Peru from 1994 to 2000, representing the ceremonial role during her father’s presidency.
Member of Congress:  She was elected as a Member of Congress for Lima (2006–2011), marking her formal entry into national politics.
Leadership:  She has led the Popular Force Party since 2010, strengthening the Fujimorist political base, and contested the presidential elections four times (2011, 2016, 2021, and 2026).

Rear Admiral C. Raghuram Assumed Charge as New CMD of HSL
In July 2026, Rear Admiral (Retd.) Chadrasekhran (C.) Raghuram, officially took charge as the new Chairman and Managing Director (CMD) of Hindustan Shipyard Limited (HSL) in Visakhapatnam, Andhra Pradesh (AP).

• He succeeded Captain Ganti Venkateswarlu, who had been holding the additional charge since January 2026.

About Chadrasekhran Raghuram:
Career: He was commissioned into the Indian Navy (IN) on November 10, 1989, brings over 35 years of experience in naval engineering, ship maintenance and strategic planning.
Previous Role: Prior to his appointment as CMD of HSL, Raghuram was serving as the Assistant Chief of Material, monitoring the maintenance of key naval platforms.
Leadership Roles: He held various senior leadership positions in the IN, including Commanding officer of Indian Naval Ship (INS) Valsura, Principal Director (Electrical Engineering) at the Integrated Headquarters of the Ministry of Defence (MoD) (Navy); Command Electrical Officer at the Eastern Naval Command (ENC), among others.
Award: He was honoured with the Vishisht Seva Medal (VSM) in 2017.
About HSL: Established in 1941, HSL is a ‘Miniratna Category-I’ Central Public Enterprise (CPSE) which works under the Ministry of Defence (MoD). It is headquartered in Visakhapatnam,AP.

SCIENCE & TECHNOLOGY

Agnikul Cosmos Partners with ICEYE to Develop and Launch India’s SAR Satellite Systems
In July 2026, AgniKul Cosmos Private Limited, India’s private space startup, and ICEYE, a Finland-based Earth observation company, signed a Memorandum of Understanding (MoU) to co-develop, launch, and operate an end-to-end Synthetic Aperture Radar (SAR) Earth-observation ecosystem from India.

• The agreement was signed during the ‘Bharat Innovates Summit’, held in Nice, France, from 30 June to 1 July 2026.

Key Details of MoU:
Collaboration: The collaboration brings together ICEYE’s SAR satellite technology and Agnikul’s indigenous launch capability to establish a sovereign end-to-end space ecosystem with reduced dependence on foreign systems.
Technology: SAR satellites use radar instead of optical cameras to capture high-resolution images of the Earth’s surface, regardless of cloud cover or time of day.
Production: The partnership focuses on establishing satellite manufacturing in India and launching satellites using Agnikul’s rockets, along with developing a repeatable satellite-to-launch model for long-term deployment for Indian and global customers.
Applications: They are widely used in disaster management, border surveillance, environmental monitoring, and defence.
About AgniKul Cosmos: It is an Indian private aerospace manufacturer and commercial launch-service provider, established in 2017. It is based at the Indian Institute of Technology Madras (IIT Madras), Chennai, Tamil Nadu(TN).

ENVIRONMENT

CMFRI Discovers New Deep-Sea Fish Species ‘Cyttopsis indica’ in Arabian Sea 
In July 2026, researchers from Indian Council of Agricultural Research-Central Marine Fisheries Research Institute (ICAR-CMFRI) discovered a new deep-sea fish species named ‘Cyttopsis indica (Indian dory)’ from the Arabian Sea off the Kerala Coast.

• The comprehensive findings related to the latest discovery of rare fish species have been published in the Indian Journal of Fisheries.

About Cyttopsis indica :
Location: The new fish species was found in the eastern region of the Lakshadweep sea, at a depth of nearly 350 to 500 metres (m) below sea level.
Genus Family: The newly discovered deep-sea fish species belongs to the genus Cyttopsis, a primitive group of marine fishes commonly known as ‘dories’.
Key Finding: Researchers from CMFRI who used Deoxyribonucleic Acid (DNA) technology found that species previously considered to be Atlantic Cyttopsis rosea has completely distinct structures unique to the Indian Ocean.

IMPORTANT DAYS

International Day of Cooperatives 2026 – July 4
The United Nations (UN) International Day of Cooperatives (ICD), or CoopsDay, is observed globally on the first Saturday of July to raise awareness about cooperatives and promote solidarity, equality, economic efficiency, and peace.

• In 2026, ICD falls on 4 July, marking the 104th International Day of Cooperatives and the 32nd UN International Day of Cooperatives.
• 2026 Theme: “ Cooperatives for a Peaceful World”

Background:
Origin: The ICD has been celebrated on the first Saturday of July since 1923. The first Cooperative Day was observed on 7 July 1923.
Commemoration: The observance also marks the establishment of the International Cooperative Alliance (ICA), one of the world’s oldest Non-Governmental Organizations (NGOs) and among the largest by number of people represented.
Recognition: In December 1992, the United Nations General Assembly (UNGA) adopted Resolution A/RES/47/90, proclaiming the first Saturday of July 1995 as the first UN International Day of Cooperatives, marking the centenary of the International Cooperative Alliance (ICA).
Joint Observance: Since 1995, the UN-recognised International Day of Cooperatives has been observed jointly with the International Cooperative Day.

STATE NEWS

AEL and IRH Partner for USD 11.5 Billion Integrated Aluminium Project in Odisha
In July 2026, Adani Enterprises Limited (AEL) and International Resources Holding (IRH), an International Holding Company (IHC) group entity, signed a Memorandum of Understanding (MoU) with the Government of Odisha in Bhubaneswar, Odisha, to develop a USD 11.5 billion (Rs.1.08 lakh crore) integrated greenfield aluminium project.

• The project will be developed through a 50:50 joint venture between AEL and IRH. IRH is an Abu Dhabi-based natural resources investment platform through 2PointZero under the International Holding Company (IHC).

About Odisha Aluminium Project:
Objective: The project aims to strengthen India’s aluminium manufacturing ecosystem by integrating mining, refining, smelting, power generation, and downstream manufacturing into a single industrial value chain to enhance global competitiveness.
Components: The project includes a 4 million metric tonnes per annum (MMTPA) alumina refinery, a 2 MMTPA aluminium smelter, a 4,000 megawatt (MW) captive power plant, and a 1 MMTPA downstream manufacturing park along with supporting infrastructure facilities.
Investment Structure: The project will be developed in two phases, with Phase I investment of Rs.66,000 crore and Phase II investment of Rs.44,000 crore, generating about 53,500 jobs including direct and indirect employment across construction, operations, logistics, engineering, and Micro, Small and Medium Enterprises (MSME)-linked sectors.
Significance: The proposed project is set to become Odisha’s largest Foreign Direct Investment (FDI) and India’s biggest FDI in the metallurgy sector, aimed at strengthening the domestic aluminium industry and enhancing India’s position in the global aluminium supply chain.

*******

Current Affairs Today (AffairsCloud Today)